Homefirst Housing Resource Services Inc.

“Expenses advertising 700 business travel & seminar 2,563 interest & penalties 2,030 bank service charges 44 contract labor 1,505 charitable contribution -150 dues & subscriptions 325 meals & entertainment 933 office & supplies expense 1,917 professional fees 771 postage & delivery 54 repairs & maintenance - e 110 telephone 278 taxes: other 581 non-investment depreciation 761 total 12,422”

“Accounts receivable 0 30,340 equipment 13,823 13,823 less accumulated depreciation 12,267 13,028 furniture & fixtures 0 0 less: accumu depreciation 0 0 deposit 0 0 receivables due from officers 3,700 3,700 total 5,256 34,835”

“Accounts payable and accrued expenses 5,781 2,906 due to bengale/kerry evans 500 500 accrued leave payable 3,948 9,751 fica w/h payable 4,666 3,680 due to reginal bell 412 412 federal w/h payable 4,688 3,883 state w/h payable 1,021 1,279 less : depositary receipts -6,982 0”

“The primary exempt purpose is to provide low to moderate income individuals with the know-how and understanding of the complete cycle of home ownership. This is accomplished through education and counseling.”